Globalism Under Siege



Money is as crucial to global finance as blood is to our body. With the fall of the Berlin Wall, the Cold War ended and democratic and market liberalism became the foundations of the global growth. The global economy mov...


Understanding the Future Market


The Ethiopian finance sector might seem a bit ramshackle from a distance, but it is and remains a lucrative and attractive enterprise.  It faces the challenge of transitioning from traditional way of doing things to one...


Is Disruptive Good or Bad?


Maybe you thought disruptive was bad. And disruptive, when you are disturbing things and people that shouldn’t be disturbed, is indeed bad. But it also turns out that a lot of people think that disruptive is very good,...


New Era Dawning as Climate Change Threat Looms


“Our climate is warming at an alarming and unprecedented rate and we have an urgent duty to respond,” read a line in the Marrakech Action Proclamation for Climate and Sustainable Development. The climate change su...


Ethiopia, America Create Ties that Bind


The American Chamber of Commerce of Ethiopia was launched in Ethiopia last month at the Sheraton Hotel, one of the better known American brands. A slew of American, Ethiopian and Ethiopian-American entrepreneurs and gues...


Ethiopia’s “Half-Cooked” Graduates


As Ethiopia continues to produce a record number of university and college graduates like never before, what is becoming alarming is the quality, not the quantity, of these graduates. Since the Ethiopian government decid...


The Promise of Digital Finance


An economic development revolution lies literally in the palm of a single hand. As mobile phones and digital technologies rapidly spread around the world, their implications for economic development, and particularly fin...


Don’t Cry Over Dead Trade Agreements


The seven decades since the end of World War II were an era of trade agreements. The world’s major economies were in a perpetual state of trade negotiations, concluding two major global multilateral deals: the General...


Where do Crazy Ideas Go in Ethiopia?


In Ethiopia these days, we talk a lot about youth. In fact, we talk a lot about youth all over Africa. And rightly so. Africa has become a very young continent. Like elsewhere in Africa, 64% of Ethiopia’s population is...


An Exceptional Week of Italian Cuisine


The Week of Italian Cuisine festival was held in Ethiopia for the first time, last week. It was a fabulous festival and I am glad to have attended. It made me an instant fan of all things Italian. I have experienced many...


Climate Talks Moves Forward to 2030 Agenda


World leaders gathered in Marrakech, Morocco, for a fortnight of negotiations hosted by the United Nations. Here are the highlights from the climate talks which closed on November 18: Marrakech Action Proclamation &am...


Radical Realism About Climate Change


Mainstream politics, by definition, is ill equipped to imagine fundamental change. But last December in Paris, 196 governments agreed on the need to limit global warming to 1.5°C above pre-industrial levels – an objec...


Insurance: Right or Privilege?


From historical insurance archives, one learns that mankind has always faced both man made and act-of-God risks on human life and property. In the old days, many faced severe weather conditions, sea perils and placed the...


PM Stumbles as he Attempts to Fill Shoes of Meles Zenawi


Expectations were low when the current prime minister of Ethiopia was installed into office. After the era of leadership of the late Prime Minister, Meles Zenawi, came to an abrupt end, the current leader was introduced...


Undesirable Side Effect of New Guideline on Relinquishing Shares


The long-standing saga that has held foreign nationals of Ethiopian origin who are shareholders in financial institutions in limbo for about two years was resolved after the National Bank of Ethiopia issued a guideline e...


Canada and Canadians Are No Stranger in Ethiopia


Canada's Foreign Minister,Stephane Dion, was on a tour of three African countries - Nigeria, Kenya, and Ethiopia - this week. In announcing his African tour, the former academic reflected how Canada is home to thousan...


Editorial

Last week saw a series of events where the political bigwigs from the f...


Agenda

The cement industry in Ethiopia, although still largely untapped, is se...


Fineline

It is unusual for a federal agency to get estranged...


Commentary

Recently, the National Bank of Ethiopia (NBE) had announced the mandato...


Viewpoint

Neglected Tropical Diseases (NTDs) disproportionately affect women and...


Opinion

Until very recently, Turkey was a proudly democratic Middle Eastern cou...


View From Arada

We often underestimate the importance of time managiment. Especially in...


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